APR Fees
Asset Protection Review or APR (up to 2 hours): $1,500 for issues up to $1.5M; $1.5M to $2.5M – $1,950; $2.5M and up – $2,500. If seeking guidance to protect assets when a judgment or litigation (pending or threatened) is involved, this is the appropriate consultation option. Asset protection advice is $750 per hour thereafter. The APR is currently offered online only with a follow-up phone or video call if needed after the email exchange. Clients needing extended counsel beyond a two-hour APR should consider an asset protection retainer (see below).
Beginning the APR
If you would like to proceed with an APR, we would ask that you first provide us with a concise list of assets and liabilities (not full financials); a narrative description of your current circumstances and entity/asset protection structure, if any; and a summary of any legal action that may be currently on file or threatened.
If litigation is pending, we would also need to know if any written discovery (interrogatories or requests for production) has been served upon you, and if you have replied (If so, we will need copies). It is important for us to know what you may have already disclosed to the plaintiff.
Asset Protection Retainer
The additional option of a fixed-term retainer is available for clients who need asset-protection guidance that extends beyond the two-hour APR. In such cases we offer a flat-fee asset protection retainer for 30, 60, or 90 days. This retainer is a one-time, non-refundable flat-fee for the agreed-upon term. It is not subject to hourly billing or accounting. The retainer automatically expires at the end of its term. Fees are: for 30 days ($2,500); 60 days ($4,500); or 90 days ($5,500).
Retaining us as your Texas asset protection lawyer insures that we are available for legal advice and guidance during a critical period. However, it does not include our direct participation in any litigation, mediation, court appearances, or replying to post-judgment discovery, all of which are among the duties of the client’s litigation attorney. Note that your litigation attorney and your asset protection attorney should never be the same person.
Online Process for the APR
We are an email-oriented office, so our online asset protection consultation begins with an email back-and-forth dialogue between attorney and client. Our attorney’s objective is to first gather basic facts and documents, after which he can offer a legal opinion, answer questions, and advise on suggested options. This process has proven very popular with clients, because it is unrushed and the client has a written email record of the legal advice given. So we do not jump straight to a phone call, although a phone or video conference is certainly available if needed, after the initial email discussion.
Be prepared to mount a valiant defense of your assets.